1. IBAC
... government enforced. They privatized their pension funds, and pension funds could only be invested in rated paper. This expanded the credit rating industry in Latin America. I also feel that with the demand for the rating agencies in Latin America, and the expertise and experience IBCA has in the credit rating industry, it would be very beneficial for IBCA to try and concentrate more in ... in the buildup stage. Geographical Impact When choosing between two market segments, more than likely a firm will encounter geographical impact. With the choice of Latin America over the Asian market...
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